Physics of Life (2022) / Chapter Skim
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Appendix F: Minimal Support Levels
Appendix F: Minimal Support Levels
Pages 338-343
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From page 338... ...
Being active in research, and mentoring students and postdoctoral fellows, means collecting a summer salary from research grants. Faculty compensation varies widely, but the American Association of University Professors (AAUP)
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From page 339... ...
2 See Tables 8 and 9 in American Association of University Professors, 2020, The Annual Re port on the Economic Status of the Profession, 2019-20, https://www.aaup.org/2019-20-facultycompensation-survey-results. 3 National Science Foundation, "Graduate Research Fellowship," https://www.nsfgrfp.org.
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From page 340... ...
In physics, half of PhD students go on to postdoctoral research positions, and in 2015–2016 their median starting salary was $50,000 per year at universities and $65,000 per year at government laboratories; the split between these group is 75/25.5 Since 2015–2016 there has been 10.8 percent inflation,6 so an estimate of current median postdoctoral salaries is $60,000. As with faculty, fringe benefits are added on top of salaries; the same 21.8 percent is taken as an estimate.
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From page 341... ...
To begin, physics PhD programs typically take 6 years to complete, divided roughly into 2 years of coursework and 3 to 4 years of focused research activity. Producing 150 new PhDs each year thus means supporting ~500 students in steady state.
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From page 342... ...
$42,110 375 $15,791,250 Total postdoctoral support via research grants $117,173 375 $43,939,875 Faculty summer salary (2 months) $27,425 250 $6,856,250 Fringe benefits at 21.7% $5,951 250 $1,487,806 Travel and attendance at APS meeting $2,238 250 $559,500 Indirect costs at 56.1% $19,980 250 $4,945,000 Total faculty support via research grants $55,593 250 $13,898,556 NOTE: APS = American Physical Society.
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From page 343... ...
These estimates of community size can be combined with the data above on the costs for supporting different components of the community, and results are summarized in Table F.4. The total depends on how support for PhD students is divided between training grants and research grants, but is in the range of $83 million to $92 million per year.
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